“Daily updated world mining exploration project news”—–Guinea, the world’s top bauxite exporter, will renegotiate all mining contracts and freeze gold extraction until further notice, the leader of a junta that took power in a recent coup said Saturday.
“We have blocked the mining sector,” Captain Moussa Dadis Camara said in a speech. “There will be a [...]

“Daily updated world mining exploration news the big mining producer”—– HARMONY Gold Mining has taken the first step to clearing its books of debt after raising almost R1bn through a share issue, paving the way for a possible acquisition in mid-2009.
Yesterday, the company said it had raised R979m before costs by issuing 10,5-million shares. The [...]

“Daily updated mining exploration news on mining project companies”— American Top Mining Exploration Company Anglo Plc will slash capital spending next year by more than half to $4.5 billion, while other firms linked to the sector reported knock-on impacts from a collapse in metals markets.
Anglo, the world’s fourth-biggest diversified mining group by market value, said [...]

“Daily updated mining exploration news on Gold Mining Project”—Dynasty Metals & Mining Exploration Inc has nearly finished plant construction at its Zaruma Gold Project in Ecuador.
Company President, Rob Washer, commented: “President Correa and other senior Mining Ministry representatives continue to express publicly and privately their support for “large scale environmentally responsible” mining in Ecuador. After [...]

Cambrian Mining Plc said on Monday it was cutting production to preserve cash and maintain its operating flexibility, sending its shares down 10 percent.
The AIM-listed coal, gold and antimony miner said it was undertaking a re-organisation of its gold and antimony operations at Costerfield, Australia in view of recent weakness in the world antimony market.
“Running [...]

“Daily Updated Mining Exploration news on uranium Mining”—–PAWNEE–A resolution to support uranium mining in Bee County sparked a big debate today. In the end, elected officials in Bee County opted not to take a position and to let landowners basically make up their own minds.
The small town of Pawnee in Bee County may soon become [...]

“Daily Updated Mining Exploration news on Iron Mining”—- RIO DE JANEIRO -Nearly two-thirds of Brazil’s pig iron production furnaces are shut down, the Estado News Agency said Monday, citing Brazilian mining company MMX Mineracao Metalicos.
MMX General Manager Joaquim Martino Ferreira said 103 out of a total of 161 furnaces are shut down.
“In the last [...]

“Daily Updated Mining Exploration news on Giant Companies”—-Rio Tinto has completed the $US860 million ($1.4 billion) expansion of its key Cape Lambert port in what could mark the end of the mining giant’s aggressive Pilbara iron ore expansion program.
The port expansion, to take shiploading capacity from 55 million tonnes a year to 80mtpa, was completed [...]

“Daily Updated Mining Exploration news on Giant Companies”—- BHP Billiton, the world’s biggest mining company, abandoned a hostile $68 billion takeover bid for rival Rio Tinto, blaming the global economic downturn and plunging commodity prices.
BHP said in a statement Tuesday that the board “no longer believes that completion of the offers for Rio Tinto [...]

“Daily updated mining exploration news on the top mining exploration company—-BHP Billiton will go ahead with an ambitious $US4.8 billion ($7.5 billion) expansion plans for its Pilbara iron ore operations despite falling global demand.
The company said this afternoon it had given the green light to its Rapid Growth Project 5, under which it will boost [...]